Income Tax (Trading and Other Income) Act 2005 section 877

Meaning of grossing up

Section 877 previously defined the meaning of "grossing up" for the purposes of the Act, but was removed from the legislation with effect from 6 April 2007.

• Section 877 originally provided a definition of the term "grossing up" as used within the Act
• The section was omitted by the Income Tax Act 2007, Schedule 1, paragraph 583
• It was formally repealed by the Income Tax Act 2007, section 1031 and Schedule 3, Part 1
• The omission and repeal took effect from 6 April 2007, the start of the 2007/08 tax year